IndividualsBusiness
Express money transfers

Instant MIG Transfers

Instant MIG Transfers to Phone Number from Russian Fora-Bank The users of Fora-Bank mobile app can now make transfers directly to cards and bank accounts of AMIO Bank clients indicating only the Recipient's telephone number.

Transfer T&Cs:

  • Transfer currency - Russian ruble In case, the customer has another currency, the conversion is carried out at the average exchange rate of the RF ruble set by "AMIO BANK" CJSC at the time of the transaction.
  • Currency of amount to be received – RUB*,
  • Commission - 1% (of the transferred amount), minimum 100, maximum 10,000 RF rubles (the equivalent AMD is charged)
  • Maximum transfer amount - 1 million Russian ruble (daily/monthly)
  • Minimum transfer amount - 100 Russian rubles
  • Transferor Bank - "AMIO BANK" CJSC
  • Recipient Bank - Fora-Bank JSCB (JSC)
  • Recipient - Fora-Bank JSCB (JSC) individual customer who has a bank account/card opened in Russian ruble at Fora-Bank JSCB (JSC)
  • Transfer duration - up to 5 minutes
  • Transfer recall and cancellation (return) - It is possible to recall back the transfer only if the transaction has not passed final approval at the Bank. The transfer cannot be cancelled if the amount has already been credited to the Recipient's card/account.

To make instant money transfers it is necessary to:

  • Download the mobile app of the Russian Fora Bank
  • Select “MIG transfers to Armenia”,
  • Enter Recipient's mobile phone number
  • Select AMIO Bank Payee Bank, the account from which the transfer amount shall be charged, and enter the amount to be transferred.

To receive a transfer at AMIO Bank you need to:

  • Have a bank or card account with AMIO Bank
  • The mobile phone number provided to the Bank must be AMIO Bank client’s valid phone number
  • Provide the recipient's mobile phone number to the person making the transfer from FORA-Bank

MIG transfers can be made any time on 24/7 mode, on non-business days and holidays. The transfer shall be credited to the Recipient's account instantly.

*In case there is no account in RUB at AMIO Bank, the transfer amount shall automatically be converted to the currency of account (AMD, USD or EUR) existing in the name of the Client. *"AMIO BANK" CJSC may, if necessary, request additional documents or other information based on the "Know your customer" principle, for the purpose of due diligence of the customer defined by the RA Law "On Combating Money Laundering and Terrorist Financing"

    Updated 13.08.2024 12:53

    +374 10 59 20 20Head Office: 48 Nalbandyan st., Yerevan, 0010, RA

    E-mail: info@amiobank.am

    Mobile apps

    In case of any inconsistency between the information published in Russian and English, you need to be guided by Armenian version.
    "AMIO BANK" CJSC is not liable for the accuracy of the content of any linked websites, as well as for the advertisements and possible consequences resulted from the use of information provided on the linked websites by the third parties.
    Neither is "AMIO BANK" CJSC liable for the accuracy of the content of information linked on the websites of third parties about the terms and fee schedule for the services rendered by the Bank.

    © 2024 "AMIO BANK" CJSC
    License of the Central Bank of Armenia #40 issued on 10.12.1991
    AMIO BANK is the legal successor of ARMBUSINESSBANK.

    fin infofsmadgffsmarca

    The Bank is supervised by the Central Bank of Armenia